EM investors put focus on India Budget, Chinese rate cut

Related Content Related Video White Papers Related Articles

India’s Budget

The Budget is in line with the government’s policy direction – a direction that has been consistent since Modi was elected. Overall, I think it was a good budget as the government has made it clear that they need to stimulate infrastructure spending; evidenced by a 33% increase in infrastructure spending, the establishment of a national infrastructure fund, and revisiting the Public Private Partnership (PPP) framework. Additionally, the clarification of the General Anti-Avoidance Rules (GAAR) and the planned introduction of GST are positive developments. A key message is that the government is focusing on economic growth whilst maintaining fiscal discipline.

India – the investment opportunity

I believe that India is on the path of strong economic growth over the coming years. A recovery in economic growth is expected to be underpinned by improving investment cycles, strong domestic consumption and ‘ease-to-do business’ government initiatives. I maintain my high conviction in India as there are many high quality companies that are in the position to capture structural changes of economic potential in years to come. Looking forward, India is forecast to post one of the highest GDP growth among Asian countries.

Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

Read more from Jonathan Boyd

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!